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1493 Stanley Lane Melbourne FL, 32935
1493, Stanley Lane, Fountainhead North, Eau Gallie, Melbourne, Brevard County, Florida, 32935, United States of America
SOLD! $134,990 - Single Family
1426 sq ft 3 Bedrooms 2.5 Bathrooms 1961 Year Built

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $195,000-$205,000
  • Estimated Rehab: $15,000-$25,000
  • Comparable Rent: $1,600
  • Construction: CBS
  • Occupancy: Call your Agent
  • Comp 1: 1485 Holland St, Melbourne, FL 32935 - 4/2 w/1438sqft SOLD $201k (Partial Updates) 28 days on market.
  • Comp 2: 2558 Lorna Dr, Melbourne, FL 32935 - 3/2 w/1265sqft SOLD $215k (Updated/1-Car Garage) 59 days on market.
  • Comp 3: 1378 Eva Ln, Melbourne, FL 32935 - 3/2 w/1142sqft SOLD $175k (Clean/Partial Updates) 16 days on market.
  • Rehab Description: For a flip, updates to the kitchen, bathrooms, and flooring are optional but recommended to maximize resale value. Update appliances and fixtures. Apply interior and exterior paint. Finish the job with landscaping to boost curb appeal.
  • Features: Dual threat investment opportunity in Melbourne! This property is rental ready or can benefit from cosmetic updates for a flip. This block home features ample interior space, covered patio, and covered carport. Offered well below the tax value and primed for a quick turnaround!
  • Important Details: Vacant at Closing! - Tax Value $145,870
  • Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab
Property Location